Palantir Technologies Inc. $PLTR Stock Position Trimmed by Sentinel Trust Co. LBA

Sentinel Trust Co. LBA lessened its stake in Palantir Technologies Inc. (NASDAQ:PLTR) by 9.7% in the third quarter, Holdings Channel.com reports. The institutional investor owned 293,841 shares of the company’s stock after selling 31,600 shares during the quarter. Palantir Technologies makes up approximately 5.5% of Sentinel Trust Co. LBA’s portfolio, making the stock its 4th biggest position. Sentinel Trust Co. LBA’s holdings in Palantir Technologies were worth $53,602,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the stock. Mediolanum International Funds Ltd raised its position in shares of Palantir Technologies by 7.6% during the 3rd quarter. Mediolanum International Funds Ltd now owns 343,234 shares of the company’s stock valued at $61,391,000 after buying an additional 24,208 shares in the last quarter. Meridian Wealth Management LLC increased its stake in Palantir Technologies by 58.2% in the third quarter. Meridian Wealth Management LLC now owns 122,507 shares of the company’s stock valued at $22,348,000 after acquiring an additional 45,084 shares during the last quarter. Oakworth Capital Inc. raised its position in Palantir Technologies by 8.3% during the third quarter. Oakworth Capital Inc. now owns 1,516 shares of the company’s stock valued at $277,000 after purchasing an additional 116 shares in the last quarter. Principal Financial Group Inc. raised its position in Palantir Technologies by 38.4% during the third quarter. Principal Financial Group Inc. now owns 3,302,903 shares of the company’s stock valued at $602,516,000 after purchasing an additional 916,488 shares in the last quarter. Finally, Flaharty Asset Management LLC bought a new stake in Palantir Technologies during the third quarter worth about $317,000. Institutional investors own 45.65% of the company’s stock.

Palantir Technologies News Summary

Here are the key news stories impacting Palantir Technologies this week:

• Positive Sentiment: Commercial traction and partnerships remain a tailwind — Palantir continues to win commercial deals and expands AIP deployments; a visible example is the Innodata data/annotation deal that supports Palantir’s AI platform and signals ongoing enterprise adoption. Innodata Selected by Palantir
• Positive Sentiment: Earnings expectations are high but supportive of the story — analysts and previews expect strong Q4 revenue growth (consensus and previews cite roughly ~60%+ YoY revenue growth and rising EPS), which could validate the AI-driven growth thesis if results beat. Zacks Q4 Preview
• Neutral Sentiment: Options and implied volatility point to a big move — the options market is pricing for a double‑digit swing around earnings, meaning elevated risk/reward for short‑term traders but not necessarily a directional signal. Investopedia on implied move
• Neutral Sentiment: Founder comments and media chatter (e.g., on Elon‑linked corporate moves) are getting airtime but are unlikely to be material to near‑term fundamentals; monitor for headlines but prioritize earnings and contract updates. Fox interview
• Negative Sentiment: Broader software/AI sector selloff is pressuring PLTR — sector weakness is amplifying outflows from richly valued AI names and contributing to today’s decline. Benzinga on software rout
• Negative Sentiment: Reputational and political risk (ICE contracts) is resurfacing — renewed headlines about government work can sap sentiment, potentially slowing federal contract momentum or triggering short‑term selling. MarketBeat reality check
• Negative Sentiment: Technical damage: PLTR broke key supports (200‑day MA and the $150 area) and formed bearish patterns; higher volume on the pullback suggests profit‑taking and raises the odds of further near‑term downside if earnings disappoint. Benzinga technicals
• Negative Sentiment: Valuation remains a double‑edged sword — PLTR trades at a very high multiple (P/E elevated vs. peers), so even a good print that falls short of lofty expectations could trigger outsized selling; some analysts even flag deep downside scenarios. Analyst warning

Insider Buying and Selling at Palantir Technologies

In other Palantir Technologies news, insider Shyam Sankar sold 149,872 shares of the stock in a transaction that occurred on Thursday, November 20th. The stock was sold at an average price of $163.99, for a total value of $24,577,509.28. Following the completion of the sale, the insider owned 642,786 shares in the company, valued at approximately $105,410,476.14. This trade represents a 18.91% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, insider Ryan D. Taylor sold 36,048 shares of the business’s stock in a transaction that occurred on Monday, November 24th. The shares were sold at an average price of $162.36, for a total value of $5,852,753.28. Following the transaction, the insider directly owned 251,409 shares in the company, valued at $40,818,765.24. This trade represents a 12.54% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 1,023,444 shares of company stock worth $167,394,629 over the last three months. 9.23% of the stock is owned by corporate insiders.

Palantir Technologies Stock Down 3.5%

Shares of PLTR opened at $146.59 on Friday. The stock has a market capitalization of $349.39 billion, a P/E ratio of 349.03, a PEG ratio of 3.82 and a beta of 1.54. Palantir Technologies Inc. has a twelve month low of $66.12 and a twelve month high of $207.52. The firm has a fifty day simple moving average of $176.13 and a two-hundred day simple moving average of $173.58.

Palantir Technologies (NASDAQ:PLTR) last issued its quarterly earnings data on Monday, November 3rd. The company reported $0.21 EPS for the quarter, beating the consensus estimate of $0.17 by $0.04. The firm had revenue of $1.18 billion during the quarter, compared to the consensus estimate of $1.09 billion. Palantir Technologies had a net margin of 28.11% and a return on equity of 15.48%. The company’s quarterly revenue was up 62.8% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.10 earnings per share. Sell-side analysts expect that Palantir Technologies Inc. will post 0.31 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on the company. Raymond James Financial reiterated a “market perform” rating on shares of Palantir Technologies in a research report on Tuesday, November 4th. Robert W. Baird upped their target price on Palantir Technologies from $170.00 to $200.00 and gave the stock a “neutral” rating in a research note on Tuesday, November 4th. The Goldman Sachs Group lifted their price target on shares of Palantir Technologies from $141.00 to $188.00 and gave the stock a “neutral” rating in a research note on Tuesday, November 4th. Weiss Ratings lowered shares of Palantir Technologies from a “buy (b-)” rating to a “hold (c+)” rating in a report on Thursday, January 15th. Finally, Cantor Fitzgerald upped their price objective on shares of Palantir Technologies from $155.00 to $198.00 and gave the company a “neutral” rating in a research note on Tuesday, November 4th. One investment analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, fifteen have given a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $185.89.

About Palantir Technologies

Palantir Technologies is a software company that develops data integration, analytics and operational decision-making platforms for government and commercial customers. Founded in 2003 by a team that included Alex Karp and Peter Thiel, Palantir has grown into a provider of enterprise-scale software designed to help organizations integrate disparate data sources, build analytic models and drive operational workflows. The company went public in 2020 and continues to position its products around large, complex data projects where security, provenance and real-time collaboration are important.

Palantir’s product portfolio centers on a small number of core platforms.